Threshold income per month marking the poorest decile, the median, and the richest decile (after tax) in Iceland

Iceland: Threshold income per month marking the poorest decile, the median, and the richest decile (after tax) was 2,133 international-$ in 2021 prices in 2017. ▲ Rising

Latest (2017)
2,133 international-$ in 2021 prices
Change on year
up 11.2%
World rank
2nd
of 47 countries
All-time high
2,133 international-$ in 2021 prices
in 2017
All-time low
1,564 international-$ in 2021 prices
in 2011
Years of data
15
2003–2017

Threshold income per month marking the poorest decile, the median, and the richest decile (after tax) in Iceland, 2003–2017

05001.0k1.5k2.0k2003201020172003: 1.6k international-$ in 2021 prices2004: 1.6k international-$ in 2021 prices2005: 1.7k international-$ in 2021 prices2006: 1.8k international-$ in 2021 prices2007: 1.9k international-$ in 2021 prices2008: 1.9k international-$ in 2021 prices2009: 1.7k international-$ in 2021 prices2010: 1.6k international-$ in 2021 prices2011: 1.6k international-$ in 2021 prices2012: 1.6k international-$ in 2021 prices2013: 1.7k international-$ in 2021 prices2014: 1.7k international-$ in 2021 prices2015: 1.8k international-$ in 2021 prices2016: 1.9k international-$ in 2021 prices2017: 2.1k international-$ in 2021 prices

Source: Luxembourg Income Study (2026) – with minor processing by Our World in Data. Measured in international-$ in 2021 prices.

Analysis

Iceland recorded 2,133 international-$ in 2021 prices for threshold income per month marking the poorest decile, the median, and the richest decile (after tax) in 2017. That is the highest value across all 15 years on record.

That represents a change of up 11.2% on the previous year and up 10.6% over ten years.

Over the whole period, threshold income per month marking the poorest decile, the median, and the richest decile (after tax) in Iceland peaked at 2,133 international-$ in 2021 prices in 2017 and was at its lowest, 1,564 international-$ in 2021 prices, in 2011.

Iceland ranks 2nd of 47 countries on this measure, in the top 10%.

The long-run direction has been consistently rising across the 15 years of available data.

Averages by decade

DecadeAverage LowestHighest Years
2000s 1,752 international-$ in 2021 prices 1,569 international-$ in 2021 prices 1,928 international-$ in 2021 prices 7
2010s 1,766 international-$ in 2021 prices 1,564 international-$ in 2021 prices 2,133 international-$ in 2021 prices 8

Countries ranked near Iceland

  1. 3 Norway 1,996 international-$ in 2021 prices compare
  2. 4 Austria 1,784 international-$ in 2021 prices compare
  3. 5 Belgium 1,779 international-$ in 2021 prices compare

See the full ranking of 47 places →

More reference data data for Iceland

All data for Iceland →

Frequently asked questions

What is threshold income per month marking the poorest decile, the median, and the richest decile (after tax) in Iceland?
Threshold income per month marking the poorest decile, the median, and the richest decile (after tax) in Iceland was 2,133 international-$ in 2021 prices in 2017, according to Luxembourg Income Study (2026) – with minor processing by Our World in Data.
What is the highest threshold income per month marking the poorest decile, the median, and the richest decile (after tax) recorded in Iceland?
The highest recorded value was 2,133 international-$ in 2021 prices in 2017.
What is the lowest threshold income per month marking the poorest decile, the median, and the richest decile (after tax) recorded in Iceland?
The lowest recorded value was 1,564 international-$ in 2021 prices in 2011.
How does Iceland rank for threshold income per month marking the poorest decile, the median, and the richest decile (after tax)?
Iceland ranks 2nd out of 47 countries with data for 2017.
Is threshold income per month marking the poorest decile, the median, and the richest decile (after tax) rising or falling in Iceland?
Over the last ten years it is up 10.6%. The long-run trend across the full record is rising.
Where does this Iceland data come from?
The figures come from Luxembourg Income Study (2026) – with minor processing by Our World in Data, published as part of Threshold income per month marking the poorest decile, the median, and the richest decile (after tax). Statizoid updates them automatically from the source API.

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About this data

Indicator
Threshold income per month marking the poorest decile, the median, and the richest decile (after tax)
Unit
international-$ in 2021 prices
Source
Luxembourg Income Study (2026) – with minor processing by Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
47 places, 1,030 data points, 1963–2024
Last refreshed

The level of income per month below which 10% of the population falls.